Monday, January 16, 2012

Philippines may become key global growth driver

Philippines may become key global growth driver

'The nine economies from the N-11 [which includes the PH], along with the so-called BRICs (Brazil, Russia, India and China), are expected to contribute the most to global growth from 2011 to 2020.

“Growth markets have the potential to be among the top ten contributors to global growth over the next decade,” Goldman Sachs said.'